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Franz-Christoph Zeitler, vice president of Germany's Bundesbank, said the Basel Committee on Banking Supervision has drafted key points of revamped capital and liquidity requirements, known as Basel III. "As to the level of capital ratios, the committee has found a compromise as compared to the proposal," Zeitler said without revealing any figures. Investors, bankers and others have known higher capital requirements are coming, but this weekend they might receive details. The Group of Governors and Heads of Supervision will meet Sunday to discuss Basel III and decide on the reform framework.

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Franz-Christoph Zeitler, vice president of Germany's Bundesbank, said the Basel Committee on Banking Supervision has drafted key points of revamped capital and liquidity requirements, known as Basel III. "As to the level of capital ratios, the committee has found a compromise as compared to the proposal," Zeitler said without revealing any figures. Investors, bankers and others have known higher capital requirements are coming, but this weekend they might receive details. The Group of Governors and Heads of Supervision will meet Sunday to discuss Basel III and decide on the reform framework.

Franz-Christoph Zeitler, vice president of Germany's Bundesbank, said the Basel Committee on Banking Supervision has drafted key points of revamped capital and liquidity requirements, known as Basel III. "As to the level of capital ratios, the committee has found a compromise as compared to the proposal," Zeitler said without revealing any figures. The Group of Governors and Heads of Supervision will meet Sunday to discuss Basel III and decide on the reform framework.

Franz-Christoph Zeitler, vice president of Germany's Bundesbank, said the Basel Committee on Banking Supervision has drafted key points of revamped capital and liquidity requirements, known as Basel III. "As to the level of capital ratios, the committee has found a compromise as compared to the proposal," Zeitler said without revealing any figures. Investors, bankers and others have known higher capital requirements are coming, but this weekend they might receive details. The Group of Governors and Heads of Supervision will meet Sunday to discuss Basel III and decide on the reform framework.

A draft proposal from the Basel Committee on Banking Supervision would require global banks to hold 9% Tier 1 capital, according to German newspaper Die Zeit. The requirement for Tier 1 capital has been 4%. The panel is scheduled to meet Tuesday to discuss Basel III, with the goal of finalizing it.

Franz-Christoph Zeitler of the Deutsche Bundesbank questioned the EU's stress tests on banks, saying authorities cannot force financial institutions to reveal the results. "The stress tests should be published, but only on the basis of agreement with the respective banks," Zeitler said. His comments come as the Committee of European Banking Supervisors prepares to conduct stress tests on as many as 120 European banks.